Managing B2B Marine Cargo Insurance Claims and Risk Mitigation
Step-by-step guidelines to document transit damage, file insurance claims, and resolve disputes with ocean freight carriers.
1. Settle Claims Fast: Documenting Damage Immediately
If cargo arrives damaged, immediate action is critical to secure insurance payouts. The consignee must note all damage on the delivery receipt (or note 'Subject to Inspection' if packaging appears damaged) and take clear photos.
Failures to notify carriers of damage within 3 days can void insurance claims. Keep all packing materials, crate pieces, and temperature loggers for inspection.
Sanjay and the compliance advisory group at KSP Global verify international tariff HS structures, coordinate with CPRI/ERDA testing foundries, and manage regulatory filings with standard BIS and WPC wings.
